Broker - Financial Institutions

Broker - Financial Institutions , London

 

Aon has an exciting opportunity for a Broker to join our Financial Institutions team, which forms part of our Global Broking Centre.

 

This role will suit an individual with some existing Financial Lines or Financial Institutions experience (or strong transferable insurance experience) who is looking to develop their career by supporting senior brokers and taking on increased responsibility over time. The role is primarily focused on assisting with the placement of Financial Lines insurances for US and Canadian financial institutions, including firms operating in the digital assets / Web3 sector.

 

You will work closely with experienced brokers, learning how to coordinate, support and contribute to the marketing and negotiation of Financial Institutions business within the Lloyd’s and Company Markets on a day-to-day basis, in line with our marketing strategy. This is a Hybrid role that will involve some office and home-based working.

 

Aon is in the business of better decisions

 

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organisation, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

 

What the day will look like

 

In this junior position, you will support senior brokers with activities such as:

Reviewing submissions and assisting with data gathering and preparationSupporting negotiations with insurers (both lead and follow markets)Helping to prepare and present terms to clients and our network partnersAssisting with firm order broking via PPL and emailAccurately recording broking activity in market sheets and internal systemsReviewing draft and final MRCs with support from senior team membersPreparing and sending cover confirmations to clients and network officesAssisting with benchmarking analyses and placement advice prepared for clientsSupporting the organisation and follow-up from client and insurer meetingsResponding to routine accounting and claims (A/C) queries and escalating more complex issues as neededHelping to establish and maintain a pipeline of opportunities for the senior brokers and wider teamWorking in accordance with the Aon UK Limited Risk Management Framework, and complying with Aon UK Limited policies, including participating in required training and risk management activities that may affect the business, interests or reputation of any Group Company.

 

How this opportunity is different

 

This is an excellent opportunity for a junior insurance professional to:

Build a career in Financial Lines for North American financial institutions, including innovative firms in the digital assets / Web3 sectorGain hands-on exposure to Lloyd’s, the London market, European markets and other Aon facilitiesWork alongside and learn from senior brokers who handle some of the largest global Financial Institutions programmesDevelop technical, analytical and relationship skills in a structured, supportive team environment

Skills and experience that will lead to success

 

Minimum of 3 years’ experience gained within the insurance industry at either a Broker or InsurerMinimum of 18m technical Insurance knowledge, ideally with a Financial Lines backgroundSound understanding of London insurance market dynamics and core processesAbility to use insurance industry IT systems to efficiently deliver client serviceExperience of managing effective client relationships.Effective communication and presentation skillsGood understanding of compliance and FCA regulationAbility to work well independently, as well as part of a collaborative team

 

How we support our colleagues

 

This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you will also have the opportunity to choose additional benefits, including healthcare, childcare vouchers and additional holiday. We also offer tremendous potential with a growing worldwide organisation.

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on [email protected]

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

 

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